Fund manager Simon Baker, who made a prescient bearish calls on Chinese equities this year,...

|By:, SA News Editor
Fund manager Simon Baker, who made a prescient bearish calls on Chinese equities this year, thinks we're already in a recession, and that plunging copper prices and FedEx's (FDX) weak guidance act as clear leading indicators. Regarding the latter, Baker asserts, "If people aren't shipping, then people aren't buying."